Pak Datacom Ltd. Non-Executive Director Sells Shares in Consecutive Transactions

Karachi: The Pakistan Stock Exchange has been informed of a series of share transactions by a non-executive director of Pak Datacom Ltd., according to disclosure regulations. The transactions, dated from June 29 to July 2, 2026, involve the sale of Pak Datacom Ltd. shares by Muhammad Waheed, a non-executive director of the company.

The transactions commenced on June 29, 2026, with Waheed selling 25,796 shares at a rate of 129.02 per share. This initial sale reduced his cumulative shareholding to 83,103 shares, representing 0.70% of the company's total equity.

Continuing on June 30, 2026, Waheed executed another sale involving 47,904 shares at a price of 126.95 each. This transaction further decreased his cumulative holdings to 35,199 shares, adjusting his total ownership percentage to 0.30%.

According to information available from the Pakistan Stock Exchange (PSX), Waheed continued his sell-off on July 1, 2026, disposing of 10,713 shares at 127.44 per share. This sale brought his cumulative share count to 24,486, accounting for 0.21% of Pak Datacom Ltd.'s total shares.

The final transaction, dated July 2, 2026, involved the sale of 19,486 shares at a rate of 126.57. Post this transaction, Waheed's cumulative shareholding stood at 5,000 shares, representing a mere 0.04% of the company's shares.

These transactions highlight a significant move in Waheed's personal investment in the company over a span of four days. The designated market category for these transactions is "Through CDC," indicating the use of the Central Depository Company for executing the sales.